San Francisco
Measure E on San Francisco’s March 2020 Ballot
Proposition E is a local measure slated for the March municipal ballot in San Francisco, seeking to create a penalty… Read more
CBRE Report: Seattle Records All-Time High Office-Using Services Job Growth
Fueled by the tech industry, the Seattle metro added 20,800 office-using services jobs in 2019 – an all-time high for… Read more
San Francisco’s Oceanwide Plaza Trades for $1B
China-based Oceanwide Holdings Co. has sold its interests in San Francisco’s Oceanwide Plaza development located in the Transbay District for… Read more
Hudson Pacific Pledges $500K to DTLA’s Union Rescue Mission
Hudson Pacific Properties (NYSE: HPP) has pledged $500,000 over the next three years to Union Rescue Mission. The pledge is… Read more
CRE Tech Engages Energy Efficiencies with Hatch Launch
Former leaders of EnerNOC’s Energy Intelligence Software business have launched Hatch Data as a new, independent operating entity dedicated to… Read more
Multifamily Posts “Solid Gains” in 2019; Trend Should Continue in 2020
The U.S. multifamily sector closed out 2019 with steady rent growth, boosted by a “healthy job market and low unemployment,”… Read more
TPG Acquires Jacksonville Office Property for $107M
San Francisco-base REIT TPG Real Estate has acquired Town Center One & Two, a 374,123-square-foot office property in Jacksonville. The… Read more
Hamilton Zanze Snags 196-Unit Virginia Beach Apartment Community
San Francisco-based real estate firm Hamilton Zanze has acquired Indigo 19, a 196-unit, five-story apartment community in Virginia Beach. The… Read more
RCA: Despite “Tepid” End to 2019, CRE Decade Was “Fantastic”
Taking the long view, Real Capital Analytics’ Jim Costello calls the past 10 years “a fantastic decade for U.S. commercial… Read more
Walmart’s Robotic Workforce Grows at 650 Additional Stores
Walmart is expanding its workforce of shelf-scanning robots at 650 more U.S. stores in an effort to better monitor and… Read more
Gantry Expands Executive Leadership Team in Seattle
Gantry, the largest independent mortgage banking firm in the U.S., announced that Senior Director Brian Bonipart is taking on new… Read more
Gantry Names New Partner Post-Launch
San Francisco, CA-based Gantry has named Senior Director Andrew Mekjavich as a Principal with the firm, the largest independent mortgage… Read more
RFR’s Claffey Joins Ashkenazy as Leasing Lead
Ashkenazy Acquisition Corporation appointed Jordan S. Claffey as EVP, property leasing and development. Claffey will lead leasing and marketing for… Read more
Mission District’s Le Fenix at 1950 Affordable Multifamily Tops Out
La Fénix at 1950, a 100% affordable housing development helmed by co-developers Bridge Housing and Mission Housing Development Corporation, and… Read more
Tishman/Mitsui JV Launches San Francisco Class A Office Development
A joint venture of Tishman Speyer and Mitsui Fudosan America is moving forward with 1.2 million square feet of Class… Read more
Triad Lagoon Valley Acquires 840 Acres for Conservation Community Development
Triad Lagoon Valley, LLC, a subsidiary of Seattle’s Triad Development, completed the acquisition of approximately 840 acres from Lennar Corporation… Read more
Broad Coalition Pushes for Revised SB 50 Urban Planning Legislation
California’s SB 50 was reintroduced last week by Senator Scott Wiener (D – San Francisco) at what turned out to… Read more
Prologis Completes $4B Acquisition of Industrial Property Trust
Prologis, Inc. (NYSE: PLD) has completed its $4 billion acquisition of the wholly-owned real estate assets of Industrial Property Trust… Read more
Windy Hill Secures $106M Construction Loan for San Mateo Mixed Use
A joint venture led by Windy Hill Property Ventures has secured $106 million in financing for a mixed-use development currently… Read more